How Much Money Does Ford Lose On Electric Vehicles. Detroit (ap) — ford motor co.’s electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this year. Ford motor said thursday its electric vehicle business lost $2.1 billion in 2022 on an operating basis.
Ford only delivered 12,000 electric vehicles in the first quarter, which means that the carmaker lost $58,333 for each clean car sold during this. Ford’s ev unit, which it calls model e, lost $700 million.
Ford’s Ev Unit, Which It Calls Model E, Lost $700 Million.
By camila domonoske (npr) aug.
The Autopian Reports This Could.
Ford reported losing $1.3 billion in its third quarter this year, which is a more significant loss than the $1.1 billion lost during q3 2022.
Ford Has Announced That It Will Cut Back On Electric Vehicle Investments Following A Rather Challenging Third Quarter, In Which The Blue Oval.
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The Autopian Reports This Could.
Profit at the company’s commercial vehicle business, ford pro, is projected to nearly double this year to almost $6bn.
Ford Said It Will Lose $3 Billion On Its Sales Of Electric Vehicles To Consumers This Year, But It Still Expects To Hit The Profit Targets It Set For This Year Of Between $9 Billion And $11.
While the carmaker expects to make over $10 billion in profit this year, it also expects to lose about $5 billion on its push to make and sell more electric vehicles.